The lease and the tenant
In commercial, the lease and the business behind it drive the value. Check the term left, options, the rent review method and how the tenant trades.
Who pays the outgoings
Land tax, insurance, rates and repairs can sit with you or the tenant. The lease decides, so read it before you compare returns.
Zoning and permitted use
Make sure the zone, overlays and any permits allow the current use and the uses a future tenant may need.
CIPT in Victoria
A purchase can start or continue the commercial and industrial property tax transition. Read our CIPT guide and the State Revenue Office.
GST on the purchase
GST can apply to commercial property, and a leased property may be sold as a going concern. See the ATO and ask your accountant.
The building itself
Get a building inspection that suits the property type, and know which repairs the lease puts on the owner.
General information only, not tax, legal or financial advice.